Hyundai Motor India to raise capacity to 1.14 million units by 2030

Hyundai Motor India plans to increase annual production capacity to 1.14 million vehicles by 2030 and raise localisation to 92% by 2032 as it expands manufacturing in India. The carmaker is also widening its SUV and powertrain line-up with more CNG, electric and hybrid options, including a mass-market compact electric SUV due later this fiscal year.